LEG Immobilien SE (LEG.SG)

LEG Immobilien SE (LEG.SG) — VMCI valuation read

LEG.SG screens at VMCI 57/100, a 7-point gap above the Real Estate sector median (50). For a mid-cap LEG Immobilien SE share, that placement says the multi-pillar composite is cheaper or higher quality than the typical peer on a like-for-like basis.

LEG.SG has logged no Form 4 insider activity over the trailing 30 days. The tape reads neither bullish nor bearish on insider conviction. The next signal sits with the 10-Q schedule and the analyst calendar.

**Investor frame.** Value: LEG.SG trades at 22.0x earnings, 22% above the Real Estate median of 18.0x, while EV/EBITDA prints 9.0x against 12.0x for the Real Estate group. Quality: ROIC of 12.0% sits 2.0pp above the Real Estate median (10.0%), the cleanest like-for-like comparison on capital efficiency. Risk: net debt to EBITDA of 3.2x is the binding constraint on the bear case, which sets the rate-cycle exposure for LEG Immobilien SE.

LEG.SG fell 1.0% over the trailing 7 days, with a -12.2% read on a 30-day basis.